USDCAD Daily Analysis – July 17, 2020

USDCAD failed to break below 1.3485 support and stayed in a trading range between 1.3490 and 1.3645. A breakdown below 1.3485 support could take the price to 1.3300 area. Resistance is at 1.3645, above this level could trigger further upside movement towards 1.3800.

USDCAD 4-hour chart